Rating upgrades moderate in H1 as India Inc faces multiple headwinds

Rating upgrades moderated in the first half of the financial year as companies faced headwinds from the West Asia conflict, rising crude prices, higher input costs and evolving US tariff measures. Downgrades also declined, though rating agencies cautioned that this may not capture cases where issuers do not cooperate with adverse reviews.

from Economic Times https://ift.tt/0FuaUlN